Open Text to Discuss Corporate Strategy at Analyst Briefing on Thursday July 13, 2006
Company to Outline Product Roadmap and Global Partner Program
Waterloo, ON - 2006-07-05 - WATERLOO, ON July 5th, 2006 Open Text Corporation (TSX:OTC)(NASDAQ:OTEX), a leading provider of Enterprise Content Management (ECM) software, today announced that it will host an analyst briefing to discuss the Open Text strategy for its product roadmap, vertical solutions, Global Partner Program, go-to-market initiatives and acquisitions. The analyst briefing will take place at Open Text s corporate headquarters in Waterloo, Ontario on Thursday, July 13 from 10am to 3:00pm ET.
Demonstrations of Open Text s Livelink ECM solutions will also be available on-site. Analysts wishing to participate on-site must register in advance by emailing investors@opentext.com
Teleconference Call
To listen to the analyst briefing, please dial-in approximately 10 minutes before the teleconference is scheduled to begin. A replay of the call will be available beginning July 13th, 2006 at approximately 3:00 p.m. EDT through 11:59 p.m. on July 28th, 2006 and can be accessed by dialing 416-640-1917 and using pass code #21195613.
Date: Thursday, July 13th, 2006To review the presentation materials or to listen to the call via Web cast, please use the following link:http://www.opentext.com/investor/investor_events/index.html
Time: 10:00 a.m. EDT/7:00 a.m. PT
Length: approximately 5 hours
Where: 416-640-1907
About Open Text
Open Text is a leading provider of Enterprise Content Management (ECM) software solutions that bring together people, processes and information in global organizations. Today, the Company supports approximately 20 million seats across 13,000 deployments in 114 countries and 12 languages worldwide. For more information on Open Text, go to:www.opentext.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
Forward-looking statements in this press release are not promises or guarantees of future performance and are subject to risks and uncertainties that could cause the Company's actual results to differ materially from those anticipated. The Company cautions you not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements relate to, among other things, the Company's expectations regarding the timing of the announcement of financial results for its first quarter of fiscal 2006. Forward-looking statements may also include, without limitation, any statement relating to future events, conditions or circumstances. The risks and uncertainties that may affect forward-looking statements include, among others, failure to develop new products, risks involved in fluctuations in currency exchange rates, delays in purchasing decisions of customers, the completion and integration of acquisitions, the possibility of technical, logistical or planning issues in connection with deployments, the continuous commitment of the Company's customers, demand for the Company's products and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission (SEC), including the Company's Annual Report on Form 10-K for the year ended June 30, 2005 and Form 10-Q for the quarters ended September 30, 2005, December 31, 2005 and March 31, 2006. Forward-looking statements are based on management's beliefs and opinions at the time the statements are made, and the Company does not undertake any obligation to update forward-looking statements should circumstances or management's beliefs or opinions change.
For more information, please contact
Paul McFeeters
Chief Financial Officer
Open Text Corporation
+1-905-762-6121
pmcfeeters@opentext.com
Anne Marie K. Schwartz
Director, Investor Relations
Open Text Corporation
+1-617-378-3369
aschwartz@opentext.com
Greg Secord
Open Text Corporation
+1-519-888-7111 ext.2408
gsecord@opentext.com